Source: Softchoice (5/25/2012)
Toronto – May 25, 2012 – Softchoice Corporation (TSX: SO), a North American IT solutions and services company, has been awarded a firm-fixed-price purchase agreement to provide Microsoft software licensing and software assurance to the U.S. Department of the Navy. The agreement was tendered through the U.S. federal government General Services Agreement (GSA) and runs through to 2015. A total of five organizations competed for the contract which has a maximum dollar value of US$700 million.
“As one of the largest Microsoft agreements in North America, this marks a major milestone in broadening our relationship with the Department of the Navy,” said David MacDonald, President and CEO of Softchoice. “While this was a very competitive bidding process, the real opportunity for Softchoice is in competing on future services and solutions opportunities as we help the Navy execute its IT strategy.”
Softchoice is one of North America’s top Microsoft Large Account Resellers (LAR). In recent years the Company has augmented its expertise in volume licensing and asset management by expanding its solutions and services capabilities. Today Softchoice provides solution design, fulfillment and implementation services in support of advanced Microsoft technologies as well as data center, networking, mobility and cloud computing solutions. Softchoice provides technology infrastructure to a variety of U.S. federal government departments and agencies, including the Department of Veteran’s Affairs, the Internal Revenue Service and the U.S. Army.
As a leading North American provider of technology solutions and services, Softchoice combines the efficiency and reliability of a national IT supplier with the personal touch and technical expertise of a local solutions provider. Softchoice’s holistic approach to technology includes solution design, implementation and asset management services, as well as access to one of the most comprehensive and cost-effective technology distribution networks in North America. With over 1,100 employees, Softchoice manages the technology needs of thousands of corporate and public sector organizations across the United States and Canada.
Softchoice stock is listed on the Toronto Stock Exchange (TSX) under the trading symbol “SO.” The common shares of Softchoice are not registered under the U.S. Securities Act of 1933 and are not publicly traded in the United States.
This press release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to expectations, intentions and plans contained in this press release that are not historical fact. When used in this press release, the words “anticipate”, “expect”, “will” and similar expressions generally identify forward-looking statements. These statements reflect our current expectations and are subject to a number of risks and uncertainties including, but not limited to, change in technology and general market conditions, many of which are set out or incorporated by reference in the Company’s latest Annual Information Form. Due to the many risks and uncertainties, Softchoice cannot assure that the forward-looking statements contained in this press release will be realized.
Eric GardinerManager of CommunicationsEric.email@example.com Ext. 2358
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